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China's new yuan loans at 1.21t yuan in November
Updated: Dec 12, 2022
Xinhua
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BEIJING - China's new yuan-denominated loans totaled 1.21 trillion yuan ($174 billion) in November, central bank data showed Monday.
The M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 12.4 percent year-on-year to 264.7 trillion yuan at the end of last month, according to the People's Bank of China.
